Our Business model

Project Phases 1 to 4

Phase 1.
Prepaid Platform

The market-leading, award winning Bancore technology platform offers the most scalable and secure prepaid card issuance, with 3 market approaches:

Phase 2.
Processor and BINs

The market leading prepaid processor in Africa (GTP) is our main partner to ensure both passive and active card issuance in Africa, SEA and Middle East.

  • 700 live prepaid card programs
  • 100 bank groups signed up
  • Agreement to sign BINs for Bancore and resell the Bancore platform by GTP’s banking clients

Phase 3.
Onboarding

Consumer onboarding for App downloads is mainly driven by personalized push-messages and passive mobile ads, aiming to onboard 100M handsets.

  • +21 million user database
  • +300M Transsion handsets
  • +750M OutThereMedia users
  • +60M Boomplay subscribers

Phase 4.
Activation

The MarketPlace combines an mCommerce platform for all vendors with a range of instant services and products, which represent genuine value to an onboarded consumer.

  • Prepaid Airtime
  • Utility bill payment
  • Remittance
  • Global P2P
  • Solar panels and handsets on instalments
  • Life- and health insurance

Advantage:
Scalable and Secure

Risk:
Insufficient funding

Advantage:
Proven and Reach

Risk:
Slow implementation without investment

Advantage:
Multiple DB sources

Risk:
Partners copying approach

Advantage:
True value for a consumer

Risk:
Need for market specific services

Phase 1.
Prepaid Platform

The market-leading, award winning Bancore technology platform offers the most scalable and secure prepaid card issuance, with 3 market approaches:

Phase 2.
Processor and BINs

The market leading prepaid processor in Africa (GTP) is our main partner to ensure both passive and active card issuance in Africa, SEA and Middle East.

  • 700 live prepaid card programs
  • 100 bank groups signed up
  • Agreement to sign BINs for Bancore and resell the Bancore platform by GTP’s banking clients

Advantage:
Scalable and Secure

Risk:
Insufficient funding

Advantage:
Proven and Reach

Risk:
Slow implementation without investment

Phase 3.
Onboarding

Consumer onboarding for App downloads is mainly driven by personalized push-messages and passive mobile ads, aiming to onboard 100M handsets.

  • +21 million user database
  • +300M Transsion handsets
  • +750M OutThereMedia users
  • +60M Boomplay subscribers

Phase 4.
Activation

The MarketPlace combines an mCommerce platform for all vendors with a range of instant services and products, which represent genuine value to an onboarded consumer.

  • Prepaid Airtime
  • Utility bill payment
  • Remittance
  • Global P2P
  • Solar panels and handsets on instalments
  • Life- and health insurance

Advantage:
Multiple DB sources

Risk:
Partners copying approach

Advantage:
True value for a consumer

Risk:
Need for market specific services

Phase 1.
Prepaid Platform

The market-leading, award winning Bancore technology platform offers the most scalable and secure prepaid card issuance, with 3 market approaches:

Advantage:
Scalable and Secure

Risk:
Insufficient funding

Phase 2.
Processor and BINs

The market leading prepaid processor in Africa (GTP) is our main partner to ensure both passive and active card issuance in Africa, SEA and Middle East.

  • 700 live prepaid card programs
  • 100 bank groups signed up
  • Agreement to sign BINs for Bancore and resell the Bancore platform by GTP’s banking clients

Advantage:
Proven and Reach

Risk:
Slow implementation without investment

Phase 3.
Onboarding

Consumer onboarding for App downloads is mainly driven by personalized push-messages and passive mobile ads, aiming to onboard 100M handsets.

  • +21 million user database
  • +300M Transsion handsets
  • +750M OutThereMedia users
  • +60M Boomplay subscribers

Advantage:
Multiple DB sources

Risk:
Partners copying approach

Phase 4.
Activation

The MarketPlace combines an mCommerce platform for all vendors with a range of instant services and products, which represent genuine value to an onboarded consumer.

  • Prepaid Airtime
  • Utility bill payment
  • Remittance
  • Global P2P
  • Solar panels and handsets on instalments
  • Life- and health insurance

Advantage:
True value for a consumer

Risk:
Need for market specific services

Want to know more?

Would you like to hear more about the possibilities of cooperating with either the bancore group or any of our subsidiaries?